Interesting financial news from Deloitte that FA Premier League clubs turned a profit in season 2013-14, the first time the combined results of the top 20 clubs in England have been in the black for 15 years. The reason for the £190m surplus was a 29% increase in revenue, largely as a result of the-then new TV deal, which runs until summer 2016. Wages rose only 20% that year.
Clubs will be happy to have stemmed the losses, although the first year of a new TV deal is always their high water mark, but the underlying bubble remains a problem. Income cannot continue to rise at heady double-digit rates, shareholders of BskyB and BT will eventually see to that, despite the fact that next big boost from TV is already confirmed for season 2016-17.
The play to watch is not if or when a dysfunctional football sector gets its act in order, it’s when an almost-as dysfunctional broadcasting industry reaches equilibrium. We’ve discussed before Sky’s absolute need for Premier League rights to secure their place as a prime broadcaster. BT, Virgin, Netflix and others are busy eating into their movie, news and entertainment broadcast market. It’s this need which is driving revenue towards the English Premier League. Without English Premier League football, Sky are vulnerable.
Sky took the first step towards passing the financial pain of their new deal down the line to consumers this month in the form of a price increase. The company have successfully done this before, many low income families are now paying £70 per month for satellite TV, and subscriber losses after previous increases have been almost non-existent.
Millions of people have high stakes skin in this game: subscribers, Sky and BT executives, their respective shareholders, Premier League clubs and the dependent ecosystem below them. All the spinning plates have remained in the air, despite price increases through a recession, but one fundamental remains:
This is a bubble.
Speculators are confused when they only see a market inflate over a long period that it’s not a bubble. The moment these TV deals become unaffordable to subscribers, or more likely, to the broadcasters, the bubble will burst.
Debts are high, profitability is here, but the underlying commercial pressures to stay in the league remain, so wage pressure will continue to eat away at available funds. Those outside of the bonanza have to figure out how to compete for audience and players, while waiting on the final act.
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No!!!!! Weather man on snow report has just said there should be some fun to be had at Jackson Hole! Has he been on CQN tonight? #diamondcsc
Spotted some lovely Emerald Green shirts in M & S’s last week.
Night Bhoys Night wee Oscar my hero God bless x x
BGX
23:23 on 26 March, 2015
CQN….The Diamond Jackson Roll of Honour will be publised Tomorrow……anyone who does not want their name published can donate a small fee to @impussywhipped.com….Yours in Celtic….Diamond xxx
=========================
I have no fear of appearing on this role of honour now that I am familiar with Ms Jackson’s ‘back catalogue’.
Should my wife enquire I shall point her in the direction of DJ’s work and note that the old saying of learning something new every day may very well apply fruitiously in this case.
Been reading the John Guidetti thread on hun media. Once you get through the usual shite and their lack of understanding of law around sectarianism it gets interesting.
There’s a long post on page 12 that if you remove a one liner that slags JG, and substitute Celtic for Dead club, this guy’s post would have been heralded on this blog for his condemnation of the OBF act.
A semi intelligent and literate hun wank stain on hun media, that’s a bit too much to believe.
Probably a timposter. Must be, there’s no other logical explanation.
Sandman, FFS don’t mention roll of honour. Myself and my crew were close to a riot for singing it in a city centre pub on Saturday night. The hun barman took real offence and when we stopped singing the twat accused me of lots of stuff I didn’t say. He was trying to stitch me up. Thankfully he was too thick to manage that.
HH
ACGR,
I’ve read about Park all week on Rangers blogs He apparently doesn’t feel appreciated at Celtic. That to me means he is under pressure.
Maybe Ronnie is asking a few questions.
Right, I’m off. Heading to Aus on Monday for a while and I’ll not be seeing any more games at paradise this season………boooo. That’s a real bummer for me.
HH to a great Celtic blog, and my friends.
ACGR signing off furra while.
Goodnight Celtic men and wummin.
clogher celt, this is foe you. A wee song I’m loving just now and I hope I hear it next year in Dublin in your company. Your efforts in organising this are more than admirable.
https://www.youtube.com/watch?v=ah40_xMBTlA
Off oota here noo:-)
Thanks, ACGR
I know I have probably missed you. Just finished watching a movie.
It would be great to see next year.
Think of James. Tom Clarke, Padraig and all the others coming up to Easter.
Yours in Celtic,
Clogher
A Ceiler Gonof Rust
01:09 on 27 March, 2015
Right, I’m off. Heading to Aus on Monday for a while and I’ll not be seeing any more games at paradise this season………boooo. That’s a real bummer for me.
HH to a great Celtic blog, and my friends.
ACGR signing off furra while.
Goodnight Celtic men and wummin.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
I know you will be very disappointed not to be watching the Hoops. I see Gordybhoy64 has laid down the gauntlet to the lightweight call for a session of drinking. ;) I’m sure that could wait until you get back home, the state you left 16 roads in was terrible. ;))
Enjoy the Treble down under m8ty.
POTY – It is good to be talking about so many players.
The season isn’t over yet, so, I will select the likeliest.
Stefan, Scott, Nir, Craig, Virgil and Jason can all stake a claim. Nir if he keeps playing the way he is, is likely to be the one for me, he makes us tick Fitba wise, Stefan will get better and better through sheer hard work, like the way Roy Keane worked incredibly hard to be the best he could be. Nir just has that God given talent and I hope he is watching the videos of the Maestro, I think he can be as good as him if he can get even more dig into his tackles and he settles into being the Main Man @ Celtic.
Young wan – Liam Henderson – a brammer as Kojo would say.
Going back to the Jungle, is that possible?
I hope safe standing areas will return at Celtic Park.
I’m a Believer
Junglism.csc
John park. Leaving ??
Going to deid club
And there was me thinking they had cr@p strikers. You ain’t seen nothing yet lol
Can someone go to Celtic park today and drive him there’
Grabbing this chance to say hello to the main mhen, Petec, BMCUW and ACGR,
Hello !
That’s all.
There’s nothing more I can say to you three that will help you advance any more in life, which is why I limit my comment to “hello”.
Re our beloved Celtic.
Shareholders given more power.
Replace the Board.
Create an online forum to deal with the fallout that this would create, and to make sure TD67 still has a voice.
Have an alternative middle class complaint line to the new board for the likes of Burnley78, with the option for him to upgrade to upper class board level, if he pays another £20,000 on his annual ST
Give TD67 a membership on the 7 member board – only because we always need that counter-vote to enable debate – which is why it should be named after him, because he does everything in his limited ability to stop it.
Retain the financial maestro that is Peter Lawell, and reward him based on increased Celtic success in Europe (which is far more financially rewarding than anything in Scotland and £10M hun money).
Employ a PR company based outwith Scotland, with proven integrity, build a relationship, encourage sponsorship, and restore the reputation that this board have allowed to be ruined. Not rocket science, which leads me to:
Get rid of the current board, who clearly believe that our victim status makes them more money, and for this reason have been playing us like idiots more than anyone else.
We could have left this situation years ago.
Open your eyes, FFS.
https://www.youtube.com/watch?feature=player_embedded&v=I1wg1DNHbNU
PS in case this wasn’t shared here.
Chinese Carry out in Kinning Park???
http://cp.bon.tv/category/fun_oddities/2015-2-4/1423022562286.shtml
FFM,
I was actually listening to audio tonight that made me think, again, I cannae just give up.
Don’t ask
1 Day at a Time, Sweet Jesus.csc
Thanks for the nice Words, I had to relogin, I guess you are a potential terrorist as well.
petec
Knowing you, you are too busy worrying about everyone else.
So I’ve got a great hun friend who I love to bits.
He has taken on two dugs, complete opposites, out of the goodness of his heart, and looks after mines.
I refer to myself as the local bead-rattler where I am, and where he is, he’s the local hun :))
So I’ve sent him a video of all the dugs we know, with this sound track.
I swear I see him thinking about it all and seeing sense :))) His sister after all went through the same journey with me :))
Small dugs, black dugs, big beige hairy dugs and all kinds of alsations and terriers.
Mungrel Dogs. The gift to Glasgow from God. :))) Feck us singing about our wee issues with Celtic persecution, these dugs rely on all of us for protection, and give us their undying, unconditional love.
https://www.youtube.com/watch?v=ULMQGLmipjU
My point? Stop feeling sorry for huns.
Glasgow dogs are beautiful innocent animals, and need our protection, as they are locked up and put down far more quickly than any murdering hun is.
Here endeth the lesson.
FFM,
Need a warmup for this session, it is coming at the worst Time, the wee man is now going to midweek games himself from his Mums abode.
He is gonnae leave a big hole in my weekends, his Mum was amazing letting me have so much access, you and BMCUWP know what she has been through.
We were cuddling, it was cold, watching our Bhoy play for EKFC 2000s B side at the K Park on Sunday morning.
I am in awe of the way she battled back from where she was, she even bought tickets for the High Flying Birds for me and the wee man and his pal.
Her deep Catholic Faith told Doctor Singh something Dr Singh was totally oblivious to. Here try this Psychotropic drug, the third wan. My Mum was hit with a drug where there were 10 tablets to be taken at one time, because of a cough, she is obviously recovering from Cancer.
God is Strength.
Ah Pete,
Aiden’s mum will feel it even more as he grows older and more distant from her.
That you are thinking of her all this time shows what a massive heart you have.
I hear you re your mum and the 10 tablet prescription.
I know you don’t like sharing this stuff, so drop me an email or a text.
I can cheer you up with several funny stories from the past few months if it will help ! Such as me being electroctued by some dodgy east Scotland solicitors’ wiring, ie a live cable dangling in the work space… I climbed down the ladder shuddering and stuttering, “Sh sh sh see whit a mean……they know I’m onto them….” :))
I have no right to tell my Mum not to take that medication.
If I wasn’t so emotionally attached, I’d have taken the meds and flung them in the bin.
You can Listen to this if you want to.
Every audio has been jampacked with information about the NEW WORLD ORDER, Satan is very deceptive though, never forget that.
Hail Hail the Magnificent poster FFM.
FFM Stylie
Almore
21:55 on 26 March, 2015
DD: I’m going to try and get over before the end of season. When WITS announces when he’ll prance around around George’s Square in his birthday suit I’ll be over that match:)
Ronny in!
>>>>>>>>>>>>>>>>>>>>>>
This is getting out of hand, the Bampot WITS should just cavort with his trunks and his Adonis body. The Police will have you on a register before you flashed the first pub*.
OH Ronny Ronny.
Good morning CQN
petec,
You humbled me there with that beautiful bit of music ! I deserved that (humbling, not the music) :)
HH me auld pal. Apols for ranting.
https://www.youtube.com/watch?v=YafZkjiMpjU
https://www.youtube.com/watch?v=aWmkuH1k7uA
Oh what a beautiful morning.
The red sky out East above the airport looks kind of spectacular this morning.
I knew I was losing my hardcore republican sympathy when I started listening to portillo on programmes and thinking aye he has a point.
Least Bad tory.
His rail travel prog from Wemyss bay to Glasgow was a joy.
Especially when he sang boys of the old brigade waving out at the star hotel.
Good morning friends and Big Happy Friday from a very bright, colourful and calm looking East Kilbride.
Compared to next week, this Friday is only average….
offtomassagainCSC
Now Jobs pray do tell what’s earlier than OLOL 8.15am and St V 8.25am ??
Lookinfurraearliermassinekcsc :)
Grrrrr PT sorry Jobo :)
Any posters in Australia? Can you see ACGR?
Cheerio,
JJ
JJ ya oul fud. Our antipodean posters would have a struggle with that question seeing as I’m sat here about five miles from you right now. Heading off Monday after a weekend of schmoozing with my wee Dumfers girl.
Getting sorted out with Perth CSC details with Lennybhoys assistance. Now that’s the dogs bollox so it iz:-)
Good morning CQNers,
I’ve studiously steered clear of the Scottish Independence but this morning the Daily Record’s analysis of the voting patterns would have us believe Catholics more than other religious groupings voted ‘Yes’.
Does this mean Alex Salmond and his party will more inclined to court the Catholic vote?
Gone all quiet on the hun front ……. Has the compliance officer realised he has ‘made an erse of it’